Coimbatore pump makers set US$5 billion turnover goal; SIEMA names new office-bearers | Coimbatore News
COIMBATORE: The Southern India Engineering Manufacturers’ Association (SIEMA) has set a target for its member companies to collectively reach a turnover of US$5 billion (about Rs 50,000 crore) over the next five years, positioning Coimbatore’s pump cluster to capture a larger share of the global pump market estimated at around US$95 billion.The announcement was made…